Altos Market Data for Realtors

Crest Hill, IL

Single-Family Homes

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Crest Hill, IL

Tue Sep 21 2021
This week the median list price for Crest Hill, IL is $219,900 with the market action index hovering around 71. This is less than last month's market action index of 75. Inventory has decreased to 15. Click here to stay informed with the Crest Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Crest Hill, IL

Tue Sep 21 2021
This week the median list price for Crest Hill, IL is $219,900 with the market action index hovering around 71. This is less than last month's market action index of 75. Inventory has decreased to 15. Click here to stay informed with the Crest Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Crest Hill market.
Median List Price $219,900
Median Price of New Listings $209,900
Per Square Foot $159
Average Days on Market 35
Median Days on Market 35
Price Decreased 33%
Price Increased 7%
Relisted 20%
Inventory 15
Median Rent $2,705
Market Action 71
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$329,900 2,033 6,500 - 8,000 sqft 2 3 19 0 0 56
$282,500 1,962 6,500 - 8,000 sqft 2 2 16 1 1 7
$212,450 1,359 0.25 - 0.5 acre 2 1 41 2 2 17
$172,497 1,191 8,000 - 10,000 sqft 3 1 65 2 1 56